A rare find! This unique property offers panoramic ocean views and makes for a great investment opportunity with its three rental units. Explore options for a large single family compound or the potential to build multiple homes on three separate parcels with a possibility for subdivision into three lots. Adobe farm style built by the Weir Brothers with intricate brick work on a spacious, green lot and ideally located in beautiful Encinitas. Bike to the beach, shopping, restaurants, cafes, entertainment and more. Ocean views from every unit; a single story main house and two adjacent units, all with separate entrances. The main single level house boasts 2 bedrooms plus a bonus room office or flex room, 2 baths, kitchen, dining room, living room with vaulted ceilings and a cozy fireplace. The second unit (lower level) has 1 bedroom, 1.5 baths, a large living room, full sized kitchen and plenty of storage. Third unit above #2 is a 1 bedroom, 1 bath with a large vaulted ceiling living room, open concept kitchen and west facing deck for outdoor enjoyment and more ocean views! The two car garage has a higher than average height clearance and you’ll find plenty of off-street parking on the wrap around driveway. Well suited for an investment property or multi-generational living. Offering beautiful sweeping ocean views and spacious grassy front and rear yards. Truly a must see!